Analysis $BTC 11/25/2024
#BTC, we are following the plan perfectly here! Okay, you must be thinking "How are we following the plan if we are falling?!"... now stop for a moment and look at the bigger picture:
- BTC Cooling off here at the top, retreating -3.10%
- BTC Dominance falling -1.20%
- Total 2 ONLY DECLINED -0.18%
Bitcoin should find support soon, and don't care if it's at $95K/496K, what matters is its dominance and total2. LOOK TO THE RIGHT SIDE!
As soon as Bitcoin price finds support, we will have a jump from Total 2 to $1.38T again, and we will break through from there, then you will see what a nice profit party is at #altcoin hahaha.
I think that this situation of bad news about Israel vs. Hezbollah is making things difficult for Bitcoin bulls, but rest assured that this news will soon make no difference.
Large institutions are coming to buy Bitcoin, see that Saylor is increasingly in a hurry to buy as much as he can, and yesterday he bought $5.4B in Bitcoin. He knows what he is doing and big players are watching him, and will soon do the same.
We are at the top and yet the RSI continues to cool, giving us more room to continue rising soon.
The 50 EMA (4h) is already starting to support the price here, and just below in the gray band the 100 EMA is coming to support the price. If someone out there does not have bad news to throw at the price here, they will probably continue working here and we will not have much further to fall. I would like to see some lateralization here and we would give more time for the Altcoins to rise.
Today most people were already kicking the table and calling for CHAOS, I don't see any reason to worry too much, as I said... BTC is just cooling down and this must happen so that altcoins continue to rise.
We are normal here!
Relax a little, we will attack $100K again soon!
* If you have any questions, don't hesitate, go to my INSTA (it's in the fixed image of my profile here), call me and ask your question.